Why are my orders rejected when I place large trades?

Orders may be rejected if they exceed the maximum quantity or value allowed per order by the Exchange or Navia.

These limits are designed to avoid “fat finger” errors — for example, mistakenly placing an order worth ₹100 Crores instead of ₹1 Crore or entering 1,00,000 shares instead of 10,000 shares.

If your order crosses either the quantity limit or the value limit, it will not go through even if you have the required margins / stock unless split into smaller parts.

Navia’s Limits

Equity Cash Segment

• Maximum order size: 20,000 shares per order
• Maximum order value: ₹2.5 Crore per order
• DP share selling turnover limit: ₹1 Crore

Equity & Commodity Derivatives

• Equity F&O: ₹10 Crore per order
• MCX: ₹2 Crore per order

Examples

Case 1 – Quantity Breach
You try to buy 25,000 shares of XYZ Ltd at ₹100.

• Order value = ₹25,00,000 (within ₹2.5 Cr limit)
• Quantity = 25,000 shares (limit is 20,000)

✅ Solution: Place 2 orders – 20,000 shares + 5,000 shares.

Case 2 – Value Breach
You try to buy 15,000 shares of ABC Ltd at ₹2,000.

• Order value = ₹3 Crores (limit is ₹2.5 Cr)
• Quantity = 15,000 (within 20,000 limit)

✅ Solution: Place 2 orders – e.g., 10,000 shares (₹2 Cr) + 5,000 shares (₹1 Cr).

In summary: Orders may be rejected if they exceed quantity OR value limits.

Splitting your trade into smaller orders ensures compliance and smooth execution